According to the latest data from Vetle Lunde, head of research at K33 Research, Bitcoin ETFs have risen by $26.90 billion year-to-date, but 28.10 billion of that has come from BlackRock's IBIT product. This means that if IBIT is excluded, the overall Bitcoin ETF fund flow is actually negative.
It is worth noting that BlackRock will be absent from the upcoming wave of counterfeit products ETF market. The analysis believes that this situation provides other competitors with the opportunity to obtain strong capital flows, but at the same time may limit the overall capital size of the counterfeit products ETF market.
K33 research director: Bitcoin ETF funding flows rely heavily on BlackRock
2025-10-28 09:34:05
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